Anthropic is now worth more than OpenAI. On May 28, 2026, it closed a $65 billion Series H at a $965 billion post-money valuation. That edges past OpenAI's $852 billion. The engine behind the number is Claude Code, the coding agent whose run-rate revenue crossed $47 billion earlier that month.

Here is the part nobody puts on the slide. The exact same monthly AI workload that costs you around $2,500 on Claude Opus and $3,000 on GPT-5.5 costs about $348 on DeepSeek.

You are paying the premium. They are becoming a trillion-dollar company.

This is the AI API pricing war , and it is the single most important line item on your 2026 infrastructure bill.

The $965B number, and where it comes from

Anthropic's Series H raised $65 billion. Roughly $15 billion of that was previously committed capital from hyperscalers, including $5 billion from Amazon announced in April.…